Huntington Bancshares Plunges 1.33% on $520M Volume Ranked 248th in Daily Market Activity

Huntington Bancshares (HBAN) fell 1.33% on October 1, 2025, with a trading volume of $520 million, ranking 248th in market activity for the day. The decline followed mixed signals from regional banking sector dynamics and broader market volatility.

Analysts noted that the stock's performance aligned with sector-wide trends as investors reassessed credit risk exposures amid shifting interest rate expectations. While no direct earnings or strategic announcements were reported for Huntington, market participants highlighted the impact of macroeconomic data influencing bond yields and bank stock valuations.

To deliver an accurate back-test I need to clarify a couple of practical details: 1. Universe definition • Do you want to screen the entire U.S. equity universe (≈ 8,000 tickers) each day, or restrict to a subset such as the S&P 1500 / Russell 3000? • Are ADRs, ETFs and penny stocks (price < $1) included or excluded? 2. Benchmark & trading assumptions • Should we assume equal-weight allocation across the 500 names each day (i.e., 0.2 % in each)? • Are transaction costs / slippage to be considered, or can we ignore them for this first pass? 3. Price type for entry/exit • Use the day’s close to decide the ranking, then buy at next day’s open and sell at next day’s close (typical workflow), or use close-to-close? Once I have this information, I’ll pull the daily volume data, generate the entry/exit signals, run the back-test from 2022-01-03 through today, and present the performance results.